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Oracle E-Business Suite is a comprehensive suite of business applications that helps organizations manage their finance, supply chain, human resources, and customer relationship management. The Oracle General Ledger module is an essential part of the Oracle E-Business Suite that manages financial data, reporting, and global consolidation. Therefore, achieving a high score in this certification exam will demonstrate an individual’s proficiency in financial management.

Reference: https://education.oracle.com/pls/web_prod-plq-dad/db_pages.getpage?page_id=5001&get_params=p_exam_id:1Z0-516

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How to book the Oracle Planning 2020 Implementation Essentials 1z0-516

You can schedule the exam anytime at Pearson VUE. You can pay directly from a credit card or redeem a voucher purchased from Oracle.

Oracle 1Z0-516 Exam Syllabus Topics:

SectionWeightObjectives
E-Business Essentials20%- Understand flexfields and Web ADI
- Navigate R12 Oracle Applications
- Explain Multi-Org fundamentals
- Describe E-Business Suite architecture and shared entities
Journal Processing20%- Manage recurring and mass allocation journals
- Create, review, and post journal entries
- Handle journal reversals and approvals
Multi-Currency and Consolidations15%- Translate and revalue balances
- Define and use multiple currencies
- Perform consolidations and elimination sets
Budgeting, Reporting and Period Close20%- Set up and maintain budgets
- Generate financial reports
- Use summary accounts and balances
- Execute period-end and year-end closing
Accounting Setup and Security25%- Create and manage chart of accounts
- Define ledgers and ledger sets
- Use Accounting Setup Manager
- Implement data access security

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